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Macroeconomics exam 4
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Macroeconomics exam 4
2PAGES. Questions and Answers
What is money?
HOW DO WE CONTROL MONEY?
Discount rate:
Open Market Operations:
Money is m1 and m2
Why do people want money?
Contractionary monetary policy
Liquidity trap
Reluctant lenders
Time lags
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Macroeconomics exam 4
US is the only country in the world that does not have a national bank.
The Fed was created in 1913
Every time ...
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